Tariff ceiling definition

Tariff ceiling means any pre-set value or quantity, authorised for importation or exportation of given goods, during a specified period, with a reduction of the normal customs duties and taxes, and beyond which the granting of the said tariff reduction may be suspended until the end of the period in question;
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Tariff ceiling means the quantity of goods defined in a value or units of measure, for which shall apply a reduced customs duty, whereas in case of greater amounts shall apply the customs tariff duty as provided in the corresponding act.
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Related to Tariff ceiling

  • State ceiling means the aggregate amount of certain private activity bonds, including qualified mortgage bonds, that may be issued in any calendar year in this state pursuant to section 146 of the internal revenue code of 1986, 26 USC 146.

  • Ceiling means the height above the ground or water of the base of the lowest layer of cloud below 6 000 m (20 000 ft) covering more than half the sky;

  • Line-voltage regulation means the difference between the no-load and the load line potentials expressed as a percent of the load line potential. It is calculated using the following equation:

  • Rate Ceiling The maximum per annum Mortgage Interest Rate permitted under the related Mortgage Note.

  • Slug loading means any pollutant, including oxygen demanding pollutants, released in a discharge at a flow rate and/or pollutant concentration as to cause interference in the POTW.